Latest AI News

The FTC has launched an inquiry into major tech companies including OpenAI, Meta, Google, xAI, Character.AI, and Snap regarding AI chatbot safety for children and teens. The investigation focuses on how these companies monitor potential mental health impacts, evaluate safety, limit risks, and inform parents about dangers. Concerns emerged after incidents where minors formed emotional bonds with AI companions, with some lawsuits claiming these interactions contributed to harmful outcomes. Companies have begun implementing safeguards in response.

Chinese tech giants Alibaba and Baidu have begun training AI models using their self-developed chips, reducing dependence on Nvidia hardware amid US export restrictions. This strategic shift supports China's semiconductor independence goals while offering cost efficiency, supply chain security, and performance advantages tailored to each company's specific needs. The move represents a significant response to geopolitical tensions limiting access to advanced chips and signals a broader trend within China's AI sector toward innovation and self-reliance in advanced computing technologies.

The FTC has launched an investigation into seven major tech companies including OpenAI, Meta, Google, xAI, Snap, and Character.AI regarding their AI chatbots' potential risks to children and teenagers. The inquiry focuses on safety evaluation methods, measures to limit negative impacts on minors, and parental notification practices. Concerns center on emotional attachments young users may form with AI companions and the potential for manipulation. Several companies already face lawsuits from parents whose teens died by suicide after chatbot interactions. FTC Chairman Ferguson emphasized balancing child protection with innovation leadership. The investigation will also examine how companies monetize user engagement and what they disclose about data practices.

Oracle shares surged over 40% following major AI contracts with OpenAI, Meta, and NVIDIA, approaching a $1 trillion valuation. The company secured a five-year, $300 billion cloud deal with OpenAI and reported its contract backlog increasing to $455 billion. Oracle projects 77% growth in OCI revenue this year, with ambitious five-year targets reaching $144 billion by FY30. CEO Safra Catz announced a 359% surge in Remaining Performance Obligations. Co-founder Larry Ellison's net worth briefly surpassed Elon Musk's during trading. The company balances growth with sustainability investments as it positions itself as a major player in the multi-trillion-dollar AI market.